D-St just 5% away from highs with a 10% bounce from lows

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Feb 2, 2023CANADA FX DEBT-C$ retreats from 2-1/2 month high as U.S. jobs data looms | Kitco News+2.8%
• Dec 23, 2016C$ hits a 5-week low on soft data, lower oil prices+2.8%
• Mar 27, 2020Canadian dollar pulls back from 10-day high as investor sentiment sours - The Globe and Mail+37.1%
• Apr 5, 2022Canadian dollar pulls back from 5-month high on hawkish Fed outlook-8.8%
• Aug 31, 2021USD/CAD rebounds from two-week lows, retakes 1.2600 mark post-Canadian GDP — Octa-1.2%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Mar 8, 2022Euro rises from 22-month lows as Ukraine crisis grips-13.8%
• Mar 16, 2023Oil slumps nearly 5% to lowest in more than a year as banking fears mount+3.2%
• Jul 28, 2020Colombian peso hits lowest in a month on weak oil price | Financial Post+1.3%
• Nov 1, 2023Oil falls to settle at 3-week low as Fed policy stance lifts dollar-5.3%
• Nov 3, 2021Rupee rises by 22 paise to nearly 1-month high on FPI flows | Business+0.1%